Leao, Emanuel R.; Lagoa, Sergio C. - In: Cogent Economics & Finance 3 (2015) 1, pp. 1-11
We study the yields in the German treasury bills market. We take a detailed look at the yield banks require to buy treasury bills in the primary market, and we also examine the yield households and nonbank firms demand to buy these bills in the secondary market. We use data from real world...